This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 68 m², built in 1982, energy rating E. Located on rua Vasco Santana, 110, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment boasts unobstructed views from one of the highest floors, highlighting its proximity to both the vibrant city and the serene countryside.
The valuation. The asking price of €275,000 is significantly above the fair value of €221,542, resulting in an overpricing of €53,458 (19.4%). This discrepancy indicates the property is not a good investment at this price point.
Fair value modelled at €221,542 from the area baseline, adjusted for condition and location. Asking €275,000 sits €53,458 (19.4%) above — overpriced versus fair value.
Asking €275,000 versus the rua Vasco Santana, 110 area baseline of €206,312 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 75 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Vasco Santana, 110
Area baseline €206,312 + condition -€1,275 + location +€16,505 = modelled fair value of €221,542 (€3,258/m²), a €53,458 (19.4%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco Santana, 110 | Subject | €275,000 | €4,044 | — | 70 | 70 |
| Albufeira e Olhos de Água · 96c648 | Active | €245,000 | €3,769 | 6.8% | 65 | 68 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 0% | 69 | 70 |
| rua da Oura | Active | €210,000 | €3,231 | 20.1% | — | 63 |
| Albufeira e Olhos de Água · ac9820 | Active | €350,000 | €3,889 | 3.8% | 75 | 61 |
| Median comp | €260,000 | €3,829 | 5.3% | 69 | 66 |
Short-term vacation rental The property's current listing price of €275,000 reflects a significant gap of 19.4% above its fair value of €221,542, suggesting that it may generate lower returns than anticipated. With a gross yield of only 3.8%, the investment potential in a seasonal market like Albufeira appears limited due to its overpricing. Long-term rental Despite the attractive location near the Algarve coast, the 19.4% gap from fair value signals that this property is overpriced at €275,000. The gross yield of 3.8% will likely not attract quality tenants willing to pay a premium for long-term commitments, as the investment does not align with fair market expectations. Buy-and-hold Acquiring this property at a listing price above its fair value means that the buy-and-hold strategy may not yield the expected appreciation over time, given the current price of €275,000. The 3.8% gross yield combined with potential economic instability in a tourist-driven area further diminishes the long-term investment appeal of this apartment.
Economic Vulnerability The property faces a risk due to a relatively low economic stability score of 60/100, indicating potential challenges in sustaining long-term tenant demand.
